Aura Wealth Advisors

06/29/2020

For many veterans, transitioning to civilian life includes starting their own business. While it is exciting to go out on your own, it can also be daunting. Fortunately, there are many resources available to help veteran business owners succeed. More here:

If you have recently transitioned to civilian life after serving in the military, you may feel uncertain what to do for a career if you’re not yet retirement age. For many veterans, starting their own business is an attractive and logical choice. This option is so popular among America’s veteran...

06/25/2020

The coronavirus hit the world unexpectedly and as cities, states, and countries are beginning to reopen, there are incentives you can take advantage of as you get back on track. If you didn't know there were tax credits available for small business owners, now is the time to learn.

The IRS has highlighted new credits for employers including the employee retention credit and credits for paid sick leave and family leave.

06/18/2020

As a small business owner, properly managing your finances is essential for long-term success. Aura Wealth Advisors has the expertise necessary to create a financial plan that is right for your business based on your goals.
https://aurawealth.com/for-business-owners/

06/16/2020

Are you looking for small business tax flexibility? Take a look at this strategy some small business owners are considering with filing their taxes after the July 15th deadline.

If your business entity’s federal income tax return awaits completion, you may have more flexibility than you thought.

06/15/2020

Your personal financial planning shouldn't be on the backburner during the pandemic. Instead, building your savings will bring you security and provide flexibility for you and your loved ones to get through difficult times.
https://www.kansascity.com/news/business/personal-finance/article243270926.html

06/11/2020

Smart investors weigh the benefits and risks before making decisions, and when it comes to real estate and the stock market there are pros and cons to each. We explore the advantages and disadvantages of investing in both in the current economic climate in our latest blog post:

Stocks and real estate have long been popular investment options. This is true for everyone from the first-time investor to the person who has invested for years. Perhaps you only have the funds to invest in one or the other right now and feel unsure of what to do. As we head into the second half of...

06/11/2020

The pandemic may have changed your outlook on retirement, but don't let it change your retirement principles. You should continue to save and not pull out cash from your retirement savings, and instead be flexible with your current budget.
https://www.kiplinger.com/article/retirement/T047-C022-S002-don-t-let-covid-19-derail-your-retirement.html

06/09/2020

Has your small business embraced digital transformation? If not, technology may be the key for your company to push through the pandemic and thrive for years to come.

General Manager of Software Advice, Blake Clark, shares his unique perspective and advice for small business owners who now face an uncertain reality.

06/08/2020

What unique strategies have you come up with to combat the effect COVID-19 is having on your business? Share them with us in the comments, and then find a few more ideas here: https://aurawealth.com/think-outside-the-box-to-survive-a-national-financial-crisis/

06/04/2020

As you start up your business, there are definitely challenges to be had. One piece of advice though for your small business? Learn as much as you can.

If you’ve got a great business idea, but aren’t sure what your first steps should be, don’t fear! Starting a small business may be a daunting prospect, and it’s not without its risks, but many people do it successfully. There’s no reason why you can’t be one of them. Here are five tips f...

06/02/2020

Small businesses need to take proper steps now, not later, to ensure cash flow for the coming weeks and months. Have you crafted a 12-month forward-looking budget yet?

QUESTION: The pandemic is creating a collection problem for my business. I am burning through my cash reserves. What can you suggest?